• : Function ereg() is deprecated in /home/commerci/public_html/includes/file.inc on line 647.
  • : Function ereg() is deprecated in /home/commerci/public_html/includes/file.inc on line 647.
  • : Function ereg() is deprecated in /home/commerci/public_html/includes/file.inc on line 647.
  • : Function ereg() is deprecated in /home/commerci/public_html/includes/file.inc on line 647.
  • : Function ereg() is deprecated in /home/commerci/public_html/includes/file.inc on line 647.
  • : Function ereg() is deprecated in /home/commerci/public_html/includes/file.inc on line 647.
  • : Function ereg() is deprecated in /home/commerci/public_html/includes/file.inc on line 647.
  • : Function ereg() is deprecated in /home/commerci/public_html/includes/file.inc on line 647.
  • : Function ereg() is deprecated in /home/commerci/public_html/includes/file.inc on line 647.
  • : Function ereg() is deprecated in /home/commerci/public_html/includes/file.inc on line 647.
  • warning: Parameter 1 to webform_client_form() expected to be a reference, value given in /home/commerci/public_html/includes/form.inc on line 218.
  • : Function ereg() is deprecated in /home/commerci/public_html/includes/file.inc on line 647.
  • : Function ereg() is deprecated in /home/commerci/public_html/includes/file.inc on line 647.
  • : Function ereg() is deprecated in /home/commerci/public_html/includes/file.inc on line 647.
  • : Function ereg() is deprecated in /home/commerci/public_html/includes/file.inc on line 647.
  • : Function ereg() is deprecated in /home/commerci/public_html/includes/file.inc on line 647.
  • : Function ereg() is deprecated in /home/commerci/public_html/includes/file.inc on line 647.
  • : Function ereg() is deprecated in /home/commerci/public_html/includes/file.inc on line 647.
  • : Function ereg() is deprecated in /home/commerci/public_html/includes/file.inc on line 647.
  • : Function ereg() is deprecated in /home/commerci/public_html/includes/file.inc on line 647.
  • : Function ereg() is deprecated in /home/commerci/public_html/includes/file.inc on line 647.
  • : Function ereg() is deprecated in /home/commerci/public_html/includes/file.inc on line 647.
  • : Function ereg() is deprecated in /home/commerci/public_html/includes/file.inc on line 647.

Commercial Loan Florida

Commercial loans are made for the development or financing of commercial properties. With these loans, the business and associated real estate can be taken as collateral for the loan. Commercial loans are very useful if one wants to expand the existing business or even to start a new business. Commercial loans are generally taken to fund factories, office space, stores and other official sites and large construction projects. Commercial lending can also be used for any kind of commercial property development purposes such as purchase of an apartment that have five or more units.

Florida is a potential place for business and it is one of the most fruitful places, where innumerable companies have established and made noticeable profit within short span of their establishment. Florida attracts people from all across the world to do business. The demand of commercialization in Florida is increasing and so are commercial loans in Florida.

Commercial loans can be much like regular mortgage loan but often move faster. Some only take 8-10 days for processing. There is a myth saying that smaller businesses get loans at lower rates compared to larger businesses, which is not true. The rates for almost most commercial loans in Florida depend on other factors than the business size. The rate of interest and loan options in Florida depend on the credit rating of the company or firm and its repayment options.

Commercial loans in Florida have different rates, and they could be fixed or variable depending upon the choice of the commercial borrower. Veterans can be given priority in providing commercial loans in Florida as their services offer benefits to the country and to the employee as well. To get work with commercial lending in Florida, you need to pass through various stages and considerations such as credit history, past loans and mortgages repayments, size of properties, leasing options of properties and many more. Looking at all these, the lender will be able to judge the requirement and can offer you the best suitable rates and programs for your commercial loan in Florida.

Finding a good lender for commercial loan Florida could be challenge and perplexing issue as different lenders provide different interests and programs. You should can advice from a professional commercial broker who can guide you in choosing the best lender that can suite your budget and needs. The Internet can be a prime source to search for a suitable lender for commercial loan in Florida. Some of the finance companies and lenders may offer you free consultations for your properties and commercial loan options in Florida. They can suggest many ways to help you with legal issues and documentation.

Once you get the commercial loan in Florida, you need to guard the budget and monthly income so that you can repay the loan regularly as per the terms and conditions. The lender does not understand your situation and need the money back that has been borrowed by you and therefore, if you do not pay in time, it becomes the legal issue. To avoid all these hassles, you should be very regular paying in time and with said interests. You balance in the bank should include not only the money for the installments, but also for the different charges and fees that are applicable for your Florida commercial loan.

With proper guidance and proper planning of repaying the commercial loan in Florida, you can establish your business with no worries and can meet your break-even point within a short span meeting all the present demands of the market. All you need is to know about the hidden truth in terms of fees and repayment options. You need to be prepared to manage any financial crisis in order to succeed.

It becomes very necessary to address the expansion options when your small business starts to prosper. In such a case, you can opt for the commercial mortgage loans. These loans include warehouses and buildings that can be used by businesses.

A commercial mortgage loan can be obtained very easily. The process of obtaining this kind of a loan, and the steps involved are very similar to those involved in a home mortgage loan. In case of a commercial mortgage, you can use your business credit to lock your loan. Personal line of credit need not be used.

It is of utmost importance to have all the documentations prepared for presentation before you finally apply for the commercial mortgage loan. Besides, all the financial information should be in order. Make sure you are aware of the viewpoint of the lender.

As these loans are usually used for start-up businesses that might fail in future, they are not preferred by the lenders over the home mortgage loans. The latter involves no risk as such. In case you wish to avail the commercial loan for your start-up business, you ought to have an appropriate business strategy and a detailed plan of business finances.

Following are certain key features and advantages of the commercial mortgage loan:

• The best thing about a commercial mortgage loan is you can keep hold of full ownership. This is because your lender can only claim an interest return on the mortgage and not a percentage of ownership.

• Moreover, interest payments on this kind of a loan are tax-deductible. They can be made with pre-tax funds, and thus, you can obtain a tax break.

• A smoother cash flow can be easily maintained with a commercial mortgage loan. There is a reasonable repayment plan and certain lower up-front payments that make the capital accessible to you.


This is the “answer” to a question I received this past week concerning a class of commercial real estate loans called “mezzanine” debt. If you’ve never heard of it, don’t worry. It’s usually used by fairly substantial commercial real estate developers and investors in situations where the existing debt doesn’t go far enough to get the property financed. Mezzanine debt is the modern-day equivalent of second trust deeds.

First, you need to understand that “modern” commercial lenders are a jealous lot: Most of them, whether bank, CMBS* mortgage bank, and sometimes life insurance companies won’t allow a junior lien to be recorded against a property where they have a first trust deed. There are several reasons for this, but the bottom line is that real estate investors would have needed a great deal of cash to get larger transactions done until the mezzanine lenders showed up. Here’s an example:

A real estate investor has owned a large shopping center for 5 years and wants to sell it. When he bought it, he got a 75% LTV loan of $6 Million on his $8 Million purchase price using a Conduit* loan from a mortgage bank. Rates went down from the time he bought it, and it has appreciated to $16 Million in the same time, and his commercial loan balance is now $5.5 Million. Because this is a Conduit loan, our seller would face a prepayment penalty in the range of $600,000 to $1 Million! And since they don’t allow second trust deed on the property, the Buyer would have to come up with over $10.5 Million to buy it! Not.


Wondering if you can really find a great Florida Mortgage Lender online? It is possible to get a good mortgage with a low rate, great terms and low fees. And you can do it online, with less hassles and headaches, by completing a simple application form. But before you sign on the dotted line with a Florida Mortgage Lender online, make sure you watch out for these three things:

A signature on a blank piece of paper

Watch out for any mortgage lender that asks you to sign a form BEFORE they've filled in the blanks. This is often a way of "pushing" you into a loan you can't afford or making you accept unfair or abusive loan terms. Never sign any paperwork unless all the blanks have been filled in and all the appropriate items have been completed. If your online mortgage lender insists that you sign an incomplete form, find another loan company for your business.

Missing documents

Your lender should provide you with four documents to explain your loan terms, your rights and your responsibilities as a mortgage borrower. You should always get a "Good Faith Estimate," which lists an estimate of all your fees and extra charges. You should get a "Truth in Lending" statement, which should include information about your interest rate, the finance charge and number of payments required. Your lender should also give you a HUD Special Information Booklet (a basic information booklet) and a HUD-1 Settlement Statement (a form listing closing costs and charges).

Insurance requirements

Some disreputable mortgage lenders may require you to buy Credit Insurance. This type of insurance repays your mortgage debt if you should die or become disabled and unable to pay off the debt yourself. However, this insurance is usually optional--it's your choice to buy it or not--and should not be a requirement from your mortgage lender.


Investing in MiamiInvesting in MiamiUnlike residential loans, commercial loans require more robust credit and down payment from buyers. Typically the terms of these loans are less attractive than residential properties. While these impediments reduce the number of qualified commercial real estate buyers, there are many investment trusts and corporations fully capable of qualifying for and carrying such debt service successfully.

Borrowers will be faced with a large variety of available loans. In the beginning, a deposit receipt needs to be provided which represents the terms of purchase of a commercial property. It will list the amount to be financed, estimated interest rates and terms of the loan. A loan is applied for by completing a loan application with a mortgage broker or loan company. There will be a non-refundable loan application fee, usually around $200 to $400. A commercial mortgage broker represents several lenders, and will submit the application to a lender he believes most appropriate for the situation. Representatives for banks and other lending institutions usually represent only one institution, and will submit the application to that institution. There are advantages to each type. The lender will verify the statements of assets, liabilities, employment, and salary. The subject property will be appraised.

The loan approval takes about 20 to 30 days on an average. The actual time depends upon how quickly the lender can process the application, get the appraisal, and obtain verification of employment and bank balances.

A commercial loan eases the burden of paying huge sums of money at a single instance. Finance options spread the paymet towards the loan amount over a period of 25 to 30 years. New businesses are increasingly opting for commercial real estate loans.


It is important to know how your loan application is processed in order to know your limitations and to go trough the process with ease. Following is a brief explanation on how commercial loans are processed and what to expect out of the qualification procedure.

When it comes to commercial loan applications there are two defined processes that take part on the loan qualification: The prequalification process and the actual qualification or approval process. These are two well distinct procedures with different purposes. Moreover, if you hire a broker’s services, the intermediation of the broker will add up an additional step with important implications.

The Brokers’ Assistance

Brokers can assist you in the process of obtaining your commercial loan. They will help you negotiate the best terms on your business commercial loan. The first step is to contact different lenders with your information and request quotes informally to help you compare their different offers and then decide which one is best for you.

Brokers will also assist you in contacting professionals that will provide you with reports, appraisals and all the backing up documentation you will need to process your commercial loan.

They will also assist you in preparing all the paperwork that you will eventually sign in order to successfully apply for your desired commercial loan. If you are applying for a commercial loan with your local bank you may not need the aid of a broker but it is always better to hire the services of a broker and get different loan offers so you can obtain better terms.

The Pre-Qualification Process


The next time you set out to find a good investment, consider the loan benefits provided by investing in commercial property. Both commercial and residential loans can result in providing the money you need for your investment property. However, there are benefits you can gather from using a commercial loan over a residential one.

One key benefit is asset protection. With commercial loans, you can acquire the loan through your business. If you use your company name in order to procure and use the loan when investing in a property, your assets will be protected. If you get a residential loan in your own name and later have a hard time making the mortgage payment, you may run into the problem of the bank wanting to come after the house you live in order to recoup their loss. This may be true of any personal asset that you have. If you have a boat, a summer home, expensive jewelry, automobiles, any of these things can become subject to claim if you’re not able to make the mortgage payments on your investment property that you received through a residential loan. As a commercial investment, the bank will be able to go after the property itself and assets owned by the business only. Your personal assets will be protected.

Another key benefit is how the loan is qualified for approval. When you apply for a commercial loan, you are applying for the loan based on the strength of the value of the property you are investing in. This means that less emphasis will be placed on your personal financial statement and situation. Some banks, when applying for a residential loan, will give you trouble if you are mortgaged out on another property or several other properties. You may have a hard time getting a loan even with perfect credit because the bank will see how much money you owe in other properties and they won’t see the fact that you’ve successfully made those payments for months or years.


Syndicate content